Radian Honored with MBA Diversity and Inclusion Leadership Award
November 12 2020 - 6:30AM
Business Wire
Award Spotlights Company’s Focus on Gender
Parity and Inclusive & Diverse Hiring Practices
Radian Group Inc. (NYSE: RDN) has been honored by the Mortgage
Bankers Association (MBA) as a recipient of its 2020 Diversity and
Inclusion Residential Leadership Award. Winning companies were
recognized for either Organizational Diversity & Inclusion or
Market Outreach Strategies; Radian won the award for Organizational
Diversity & Inclusion in the non-lender category. The MBA is
the leading real estate finance trade association and has more than
2,200 member companies.
The award was announced during the MBA’s virtual 2020 Annual
Convention & Expo. Radian is a second-time winner; it received
an honorable mention in the Market Outreach Strategies category in
2016, the inaugural year for the awards.
In a press release, the MBA said, “Radian is being recognized
for its Inclusion and Diversity (I&D) program, which boasted
impressive metrics with a strong emphasis on talent acquisition.
Radian's I&D Leadership Council's efforts focused on sourcing
new talent from a diverse slate as well as offering numerous
training opportunities for its employees.”
“At Radian we are driven both by our mission of helping
Americans of every background sustainably achieve their dream of
homeownership and by our commitment to furthering positive change
at our company and beyond,” said Radian’s Chief Executive Officer
Rick Thornberry. “We are proud of the achievements this award
recognizes and will continue working hard to support minority
homeownership and ensure that our workforce fully reflects the
wonderful diversity of the communities we serve.”
Recent Inclusion and Diversity Highlights at Radian
In 2019, Radian launched a formal program for I&D, as well
as an I&D Council, comprised of a group of cross-functional
leaders, that helps drive the company’s I&D initiatives and
strategic objectives. CEO Rick Thornberry also signed the "CEO
Action for Diversity and Inclusion" pledge, which has been signed
by more than 750 business leaders across various industries. By
signing the pledge, Radian has committed to cultivating a trusting
environment where all ideas and employees are welcomed.
Gender equality is a core component of the company’s overall
I&D strategy. Radian has been recognized for two consecutive
years on the Bloomberg Gender-Equality Index (GEI), which
highlights companies dedicated to advancing women’s equality in the
workplace. For example, the company increased the number of women
on its board of directors in 2019 and again in 2020.
The company has also created a Hiring Manager Guide to promote
inclusive hiring practices, developed targeted recruitment
strategies, improved internal reporting capabilities regarding
diversity, trained all managers on unconscious bias, and is
carrying out an initiative to train all employees on unconscious
bias. Additionally, current employee resource groups (ERGs) are
being redefined, and new ones are being created.
CEO Rick Thornberry serves as the I&D Council’s Executive
Sponsor, and the Council is led by two Co-Chairs: Emily Riley, EVP,
Chief Marketing and Communications Officer, and Eric Ray, Sr EVP,
Chief Digital Officer and Co-Head of Real Estate. It is also guided
by HR Advisors Anita Scott, EVP, Chief Human Resources Officer and
Dana Keyser, VP, HR Business Partner.
About Radian’s Corporate Responsibility Program
Radian’s I&D efforts are part of its broader Corporate
Responsibility Program, which focuses on supporting the company’s
commitment to environmental, health and safety, corporate social
responsibility, corporate governance, sustainability and other
public policy matters relevant to the company and its operations.
This program aligns with Radian’s company-wide commitments to
continue to be responsible corporate citizens with a positive
impact in the community and with the people it serves.
A report and website provide further information about the
company’s Corporate Responsibility programs and practices,
including how its Environmental, Social and Governance (ESG)
efforts help achieve the United Nations Sustainable Development
Goals (UN SDGs) and correspond to the Sustainability Accounting
Standards Board (SASB) standards for the Insurance sector.
About Radian
Radian Group Inc. (NYSE: RDN) is ensuring the American dream of
homeownership responsibly and sustainably through products and
services that include industry-leading mortgage insurance and a
comprehensive suite of mortgage, risk, title, valuation, asset
management and other real estate services. We are powered by
technology, informed by data and driven to deliver new and better
ways to transact and manage risk. Visit www.radian.com to learn
more about how Radian is shaping the future of mortgage and real
estate services.
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version on businesswire.com: https://www.businesswire.com/news/home/20201112005352/en/
For the Media: Rashi Iyer – Phone: 215.231.1167 Email:
rashi.iyer@radian.com
For Investors: John Damian – Phone: 215.231.1383 Email:
john.damian@radian.com
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